Runway Growth Capital – Venture debt is on the way

From Runway Growth Capital: ‘Venture debt is on the rise. The asset class is on pace for rapid growth as startups seek to stay private longer and VC firms see record levels of activity.’ Link: https://www.bloomberg.com/news/articles/2021-03-19/meet-venture-capital-s-baby-cousin-venture-debt-quicktake

Stratton Street – US Job Creation

According to Erica Groshen, the US’s former Bureau of Labour Statistics commissioner, job creation in America could take anywhere between five and eight years to get back to its 2019 trend. Link: US Job Creation – Stratton Street

IR+M: Rising rates- Yes, but Income Return eclipses Price Return

From IR+M: Treasury rates are on the rise. .. Higher yields are associated with negative fixed income returns. However, investors have experienced periods of rising rates before, and despite higher yields, total returns were positive throughout or shortly after rates stabilized. This was the case during rising rate environments such as 2003-2006, 2008-2010, 2012-2013 and … Continued

Rockefeller AM & NYU Stern Center for Sustainable Business – ESG Meta-study

Rockefeller AM and NYU Stern Center for Sustainable Business have published a new meta-study examining the relationship between ESG activities at organizations and their financial performance in more than 1,000 research papers over the last five years. https://rcm.rockco.com/insights_item/esg-and-financial-performance/

The GameStop Effect on Credit Markets, by IR+M

Freom Income Research + Management, ‘The technical tug-of-war over GameStop shares has spread to the credit markets, where many are asking how the price action can be justified in light of little change to the fundamental outlook.’   Link: http://www.incomeresearch.com/the-gamestop-effect-on-credit-markets/

Rockefeller Asset Management Launches Climate Solutions UCITS

Link to full Press Release: Rockefeller Launches Climate Solutions UCITS   NEW YORK–(BUSINESS WIRE)–On December 9, 2020, Rockefeller Asset Management (RAM), a division of Rockefeller Capital Management, launched its third equity UCITS fund, the Rockefeller Climate Solutions Fund. This expands the firm’s spectrum of sustainable investment solutions, including US and Global ESG equity strategies, all available … Continued